Confessions of a Former Wall Street Whiz Kid

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 3 November 2021

⏱️ ? minutes

🔗️ Recording | iTunes | RSS

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Summary

While it’s been predicted that the Fed may soon begin to “taper” the amount of money it creates each month, it is unlikely to stop printing money altogether any time soon. Today’s guest describes the Fed’s addiction to printing money as “monetary heroin” explaining that 40% of all money in existence in the U.S. has been created in the last 18 months.
Peter Grandich, the author of Confessions of a Former Wall Street Whiz Kid, says, “There are a lot of reasons to be cautious and bearish, and very few reasons to be optimistic and bullish.”
Grandich also explains what he sees as the next great threat to the US—not terrorism or bio-warfare, but an economic time bomb of unprecedented proportion, additionally, Grandich exposes some of the dirty business of Wall Street.
Hosts Robert and Kim Kiyosaki and guest Peter Grandich discuss market manipulation and the government’s addiction to printing money.
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Transcript

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0:00.0	Where did Robert and Kim Kiyosaki go when they need advice?
0:04.4	Investing is a team sport, so who's on their team?
0:07.3	The Rich Dad Advisors.
0:08.9	And now you can have access to the exact team that Robert and Kim use.
0:13.2	Where do the key insights from the Rich Dad Advisors?
0:15.9	The insights that help Robert and Kim build their fortune.
0:19.3	For listeners of the Rich Dad Podcast, the Advisors are giving away for free their new ebook,
0:24.9	five things you need to know before you get started.
0:27.9	Go right now to rda-press.com-free to get your free copy.
0:33.8	If you want to learn the key insights from Robert and Kim's personal teachers, get this free
0:39.0	ebook now.
0:40.2	Go right now to rda-press.com-free to get your free copy of this important book.
0:47.6	The team you choose is very important.
0:50.3	Now you can use Robert and Kim's personal team, the Rich Dad Advisors.
0:54.9	Find your free ebook at rda-press.com-free.
1:05.3	Don't be like Charlie.
1:07.0	Charlie is that do it yourself or who does himself in.
1:10.4	Do it yourself is good for tile and grout.
1:13.0	It is not good for asset protection.
1:15.6	Charlie thought he'd save a few dollars forming his LLC online.
1:19.6	With no guidance, he did it wrong.
1:21.8	When he sold the property, he lost thousands and thousands of dollars.
	...

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